Downtown Mystic Commercial
48 West Main Street, Groton, CT 06355
Two-story commercial building in a high-traffic downtown location.
Property size:
4,909 SFLot size:
0.11 AcresPrice / SF:
$460/SF- Added:
- Mar 12, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 16 at 10:59 am
Property Features for 48 West Main Street
General Information
- Standard status
- Active
- Size
- 4,909 SF
- Lot size
- 0.11 Acres
Building Details
- Year Built
- 1915
Listing agent JUDITH CARACAUSA License #REB.0788601
Listing office William Pitt Sotheby's Int'l (860) 536-5900
Listing date Mar 12, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l
HighLights
- Premier downtown Mystic location at a highly visible, high‑traffic intersection.
- Income‑producing asset in a consistently high‑demand rental market.
- Proximity to major attractions including Mystic Pizza, SIFT Bakery, boutique shops, restaurants, and the Mystic River Waterfront.
- Historic New England architecture and recognizable, desirable commercial property.
- Located in the MDD zone, allowing for many uses.
- Appx. 4,909 SF, two‑story commercial building with municipal water/sewer and oil‑fired heating.
Overview
This approximately 4,909 square foot, two-story commercial building is located at the corner of West Main and Pearl Streets in downtown Mystic, positioned on approximately 0.11 acres. The property features historic New England architecture and is situated at a highly visible and trafficked intersection in the historic village center, within the MDD zone. The building is located steps from Mystic Pizza, SIFT Bakery, boutique shops, restaurants, and the Mystic River waterfront. The property includes three retail spaces on the first level and two office/retail spaces on the second level. One retail space on the first level is currently available. Each first-floor space has a private half bath. A half bath on the second floor is shared by two tenants. The building has a total of four half baths. The property is serviced by municipal water and sewer, and an oil-fired heating system. The location offers excellent visibility, consistent pedestrian traffic, and proximity to popular attractions, supporting year-round business activity and consistent rental demand. Many uses are permitted in the MDD Zone.
Location Intelligence
Current Use by Public Records
Russ Kramer Marine ...
Art Gallery
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- New London
- State
- Connecticut
- Longitude
- -71.9881312
- Latitude
- 41.3255764
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Two-story commercial building in a high-traffic downtown location.
Where is this retail space located?
The property is located at 48 West Main Street Groton, CT.
What is the asking price?
The asking price for this property is $2,259,000.
What are key features of this property?
This property features: Premier downtown Mystic location at a highly visible, high‑traffic intersection.; Income‑producing asset in a consistently high‑demand rental market.; Proximity to major attractions including Mystic Pizza, SIFT Bakery, boutique shops, restaurants, and the Mystic River Waterfront.
